Richard Chapo

Web Agreements – The Touchy Jurisdiction Issue

Making money on the web is often all about forming business relationships. At its core, this is exactly what an affiliate program is – two parties hooking up to make money. When such relationships are formed, however, there are legal implications that nee... Read >

Website Designers – Getting A Standard Agreement

As a website designer, you love working with all your clients, right? Yeah, and I have a bridge I want to sell you. The truth of the matter is you have great clients and some you wish you had never taken on. There are a few keys to keeping these clients i... Read >

Avoiding The Never Ending Website Design Project

Is designing a website a technical matter or an artistic one? You might answer technical, but many designers consider it an artistic one. There isn’t anything wrong with this per se, but many “artists" can take their sweet time finishing the project. You ... Read >

Medical Marijuana Predictions for 2011

The last few years has seen a revolution in the views of many on drug topics. The billions taken in by the pharmaceutical companies that charge outrageous prices have made more than a few realize there may be better alternatives. With this in mind, let’s ... Read >

Business Entities – Dealing With Passive Investors

Let’s consider a common situation that arises with businesses, particularly start ups. You decide to start a business and have a few people investing. You want the money, but don’t want people constantly interfering with the running of the business and, f... Read >

Why Now Is A Great Time To Start A Business

How about that headline? Pretty shocking, eh? Actually, most might consider it pretty laughable, but it really is not. Now is an excellent time to start a business not because everything is rosy, but because everything is so down. The Great Recession s... Read >

Nailing Down A Co-Branding Agreement

Co-branding is a great way to crank up the revenues via another party’s website. The key is to make sure you understand the factors involved and how to go about dealing with them from the outset. What is co-branding? It is the process of incorporating... Read >

Going Beyond General Partnerships

A general partnership is a default structure that is automatically created when two or more parties go into business together unless they designate some other form of business. In this article, we look at going beyond this form of business to other altern... Read >

Is An LLC or Corporation The Better Choice?

You are ready to get serious about a business idea. You've read somewhere that protecting yourself is a critical move. You know this means you need to form some type of business entity. The question you face is whether an LLC or corporation is the right c... Read >

Professional Corporations – Just What Are They?

As a new or existing business, you can choose from just about any of the various business entities out there. The choice includes entities such as corporations, limited liability companies, partnerships and limited partnerships to name just a few. In most... Read >

LLC – Should You Really Skip Keeping Corporate Minutes?

The LLC is the little business entity that could. Unfortunately, many services market it as the cure-all to every problem a small business has. LLCs are solid business entities, but they are not perfect. In this article, we take a look at one of the marke... Read >

You’ve Formed an LLC - Now What?

We are a nation of do it yourselfers. This is true whether we are trying to fix the sprinklers in the yard or forming a business entity. Many people make a noble attempt to form their own limited liability companies these days, but then don't have any ide... Read >

Single Member LLCs – Losing Your Asset Protection

The limited liability company is touted for its tax flexibility and asset protection benefits. While valid, single member limited liability companies are ripe for alter ego claims, which means the owner losses the asset protection benefit and becomes pers... Read >

Single Member LLC - Piercing the Corporate Veil Issues

The single member LLC is one of the more popular choices for small businesses. It is often touted as the perfect business entity, but there are definitely some areas of concern that a person forming the entity should know about. One has to do with the iss... Read >

Corporations – Making Tax Year Designations

Death and taxes are those two things you can never escape. When forming a corporation, making your tax year designation is a fundamental step you need to take carefully. Taxes are defined by something magical known as the fiscal year. It is a 365 day ... Read >